(1) Whosoever contravenes or fails to comply with, any of the provisions of this Act or the rules made thereunder or any order or direction made or given thereunder, shall, if no other penalty is provided under this Act for such contravention or failure, be liable to pay penalty, not exceeding rupees ten thousand, subject to a minimum of rupees one thousand.
(2) Where such contravention or failure continues thereafter, the person shall be liable to pay a further penalty of rupees one hundred per day from the due date specified for payment of penalty under sub-section (1).
- 50 - Plnatty for faiturl to issul invoicl and usl of fatsl invoicl Plnatty for misusl of rlgistraton numblr.
Plnatty for nonpaymlnt of asslssld dlmand.
Plnatty in casls not covlrld ltslwhlrl.
61. The Commissioner or the designated officer shall be the competent authority to impose penalty under this Act. No penalty shall, however, be imposed, unless the person concerned is afforded an opportunity of being heard by serving a notice.
CHAPTER-XI APPEAL AND REVISION